National Internet Exchange of India (NIXI) wins the prestigious SAFA awards
The National Internet Exchange of India, a not-for-profit (Section 8) Company, under the Ministry of Electronics & Information Technology, Government of India has been awarded by the South Asian Federation of Accountants (SAFA) as the recipient of ‘Certificate of Merit’ in ‘Communication & Information Technology Sector’. The SAFA BPA Award is considered the most prestigious accolade for financial reporting in the entire South Asian region.
As announced by the South Asian Federation of Accountants (SAFA), which had 118 nominations from 7 countries, awarded NIXI for the best-presented annual report. This honour was presented in recognition of excellence in the presentation and disclosure of high-quality, relevant, reliable and objective financial statements in accordance with the established international framework.
On this occasion CEO – NIXI, said “A transparent financial reporting is critical not only for stakeholders of the company but also provides a path for sustainable development of the company. This also helps NIXI for effective corporate governance which brings confidence amongst customers and the Government.”
About NIXI
NIXI is a not-for-profit Organization under Section 8 of the Companies Act 2013 and was registered on June 19th, 2003. NIXI was set up for peering of ISPs among themselves for the purpose of routing the domestic traffic within the country instead of taking it all the way to the US/Abroad, thereby resulting in a better quality of service (reduced latency) and reduced bandwidth charges for ISPs by saving on International Bandwidth. NIXI is managed and operated on a neutral basis, in line with the best practices for such initiatives globally. NIXI has three business verticals under them:
● IXP – Internet Exchange Points (IXPs) are the most critical part of the Internet’s Infrastructure. An Internet Exchange Point is a facility that allows Internet Service Providers to “meet” and exchange traffic, also called peering. This saves money on International bandwidth for the ISPs and improves connectivity for their customers by reducing latency.
● IRINN – IRINN is a division functioning under NIXI and provides allocation and registration services of Internet Protocol addresses (IPv4 & IPv6) and Autonomous System numbers to its Affiliates.
● .IN Registry – The government of India has authorized NIXI as .IN Registry. It is India’s top-level domain on the Internet. Like .COM, .IN can be used for email, Web sites, and other applications. But unlike other domains, .IN is a unique symbol of India and its role in the world. The .IN Registry by itself will not carry out registrations. It will do so through a number of Registrars to be appointed by it through an open process of selection on the basis of transparent eligibility criteria. Now.IN domain names are available to anyone on a first-come-first-served basis.